Trump probably hasn't paid income taxes in 20 years

[Sho Nuff 720]

Why are you pissed at Trump you Moron. Your government passed this tax code and it has all been bought and paid for. This is your fault and all your tax and spend buddies who don't understand how the system works and who is in the system.

The people you also keep voting for as long as there is an R un front of their names.

The point is...this guy is now the mouthpiece of people who will vote for him and think he is actually going to change thngs that he has taken advantage of.

[Sho Nuff 720]

 

http://www.zerohedge.com/news/2016-10-02/clinton-campaign-admits-hillary-used-same-tax-avoidance-scheme-trump

 

 

 

 

The New York Times as well...

 

 

 

 

And fock her for that too.

Both should take big hits over it.

Hers wasnt a nearly 1 bil loss he used to avoid.

And she is not running in the premise she is some great busniess woman and the other one is the one taking advantage of the rigged system. There is going to be the difference ahe will point out if he tries that same defense.

[Hardcore troubadour 15,493]

Mo Money Mo Problems

[Sho Nuff 720]

Donald J. TrumpVerified account‏@realDonaldTrump

 

@BarackObama who wants to raise all our taxes, only pays 20.5% on $790k salary. http://1.usa.gov/HFZJKH Do as I say not as I do.

 

RETWEETS2,383

 

LIKES1,436

 

11:19 AM - 13 Apr 2012

 

 

 

Follow

 

Donald J. TrumpVerified account‏@realDonaldTrump

 

"@MartyCPA: @gregshoes69 @realDonaldTrump 10% of the people pay 90% of this countries tax. What wealthy tax breaks."

 

RETWEETS176

 

LIKES80

 

7:41 PM - 30 May 2013

 

 

 

 

 

Follow

 

Donald J. TrumpVerified account‏@realDonaldTrump

 

The hedge fund guys (gals) have to pay higher taxes ASAP. They are paying practically nothing. We must reduce taxes for the middle class!

 

RETWEETS4,726

 

LIKES7,945

 

2:54 PM - 5 Sep 2015

Trumps previous thoughts on taxes.

[wiffleball 4,790]

Trumps previous thoughts on taxes.

 

 

So, does that mean the hedge funds guys are 'smart' too?

[penultimatestraw 473]

 

 

So, does that mean the hedge funds guys are 'smart' too?

Anyone who manipulates large sums of (other people's) cash without conscience is smart.

[jerryskids 6,827]

Do you say the same about people who scam the welfare system?

This wasn't a response to me, but my answer is Yes. I don't blame people for gaming the welfare system. Fix the system.

[penultimatestraw 473]

Do you say the same about people who scam the welfare system?

I already brought this is up, and the response was :crickets:

[RaiderHaters Revenge 4,358]

I already brought this is up, and the response was :crickets:

 

uh no it wasn't crickets

[penultimatestraw 473]

This wasn't a response to me, but my answer is Yes. I don't blame people for gaming the welfare system. Fix the system.

What if you cannot "fix" the system without hurting those for whom it is intended to benefit? And I blame both rich and poor for gaming the system.

[penultimatestraw 473]

 

uh no it wasn't crickets

You're right, you said you'll milk disability for all you can, independent of actual need/disability.

[RaiderHaters Revenge 4,358]

I hate the system in place it needs an overhaul. I have no problem with people taking full advantage of it though. Hell my doctor just told me I should be off work for 4-6 weeks. Damn straight I had her put me on disability for 6 weeks

 

here I addressed it

[RaiderHaters Revenge 4,358]

You're right, you said you'll milk disability for all you can, independent of actual need.

 

you are kinda pathetic, I said my doctor said 4-6 weeks and I said just give me 6 weeks, thats hardly milking a system that I pay into myself. I'd also rather take a little extra time to have with my family, so be it. Its my disability insurance I pay for its not affecting you

[IGotWorms 4,058]

 

you are kinda pathetic, I said my doctor said 4-6 weeks and I said just give me 6 weeks, thats hardly milking a system that I pay into myself. I'd also rather take a little extra time to have with my family, so be it. Its my disability insurance I pay for its not affecting you

Fail.

[penultimatestraw 473]

 

you are kinda pathetic, I said my doctor said 4-6 weeks and I said just give me 6 weeks, thats hardly milking a system that I pay into myself. I'd also rather take a little extra time to have with my family, so be it. Its my disability insurance I pay for its not affecting you

If you want to take a vacation, great. Same goes for extending disability if you cannot perform your job. Otherwise it's self-serving BS which impacts disability rates for everyone with your insurer.

 

For comparison, I broke my leg and immediately went back to work in a wheelchair/on crutches, even though I have two disability policies. Don't know what you do for a living, but I wouldn't be surprised if you could do the same.

[RaiderHaters Revenge 4,358]

Fail.

 

how is it fail when its based off the amount that I have contributed, they told me I have 9 months worth of disability saved

[RaiderHaters Revenge 4,358]

If you want to take a vacation, great. Same goes for extending disability if you cannot perform your job. Otherwise it's self-serving BS which impacts disability rates for everyone with your insurer.

 

For comparison, I broke my leg and immediately went back to work in a wheelchair/on crutches, even though I have two disability policies. Don't know what you do for a living, but I wouldn't be surprised if you could do the same.

 

I am a blackjack dealer, who has to stand for 8 straight hours, so its not a possibility

 

I also only work for tips, so yah if I go back to work and even did office work, I cannot survive off of 10$ an hour min wage, so I will take my 1050 a week

[penultimatestraw 473]

 

I am a blackjack dealer, who has to stand for 8 straight hours, so its not a possibility

 

I also only work for tips, so yah if I go back to work and even did office work, I cannot survive off of 10$ an hour min wage, so I will take my 1050 a week

Fair enough. I still think it weaselly to assume six weeks recovery when it could be shorter, but it may be even longer if all you do is stand all day.

[RaiderHaters Revenge 4,358]

Fair enough. I still think it weaselly to assume six weeks recovery when it could be shorter, but it may be even longer if all you do is stand all day.

 

it could be shorter, but I would rather not rush it back. My work has a very low tolerance for things like if I go back for work, and then after 5 hrs can't handle it

[penultimatestraw 473]

 

it could be shorter, but I would rather not rush it back. My work has a very low tolerance for things like if I go back for work, and then after 5 hrs can't handle it

Sounds like a crapshoot if you'll make it back on time.

[IGotWorms 4,058]

Sounds like a crapshoot if you'll make it back on time.

You can only play the hand that's dealt you

[RaiderHaters Revenge 4,358]

You can only play the hand that's dealt you

 

if its not in the cards, its not in the cards

[KSB2424 3,148]

Meh, career politicians should show their tax returns. After all, we pay their salaries.

 

Trump made his money in the private sector. He took advantage of a system he didn't create. Which is one reason why I have not enthusiastically supported him. As I don't see him changing anything that he will want to exploit again when he leaves office.

 

That pales in comparison to my disdain for hillary though.

 

#fuckinshitshow

Pretty much this....

[IGotWorms 4,058]

Pretty much this....

Pretty much stupid

[Hardcore troubadour 15,493]

It would be great if the exposure to the masses about how unfair our tax system is will be the call to arms to finally do something about it. Probably not.

[Djgb13 2,339]

Hey remember that time that Hillary lost $6 billion of taxpayers dollars? Pepperidge farm remembers

 

http://m.washingtontimes.com/news/2014/apr/4/state-dept-misplaced-6b-under-hillary-clinton-ig-r/

[Hardcore troubadour 15,493]

Warren Buffett lost 2 billion a couple of years ago.

[Djgb13 2,339]

Warren Buffett lost 2 billion a couple of years ago.

Yea of HIS money. Not the tax payers money. Big difference

[Baker Boy 1,703]

"The rules that would have enabled Trump to potentially carry his losses forward for 15 years are a feature, not a bug in current tax law, experts say. This is not a well-hidden loophole, but a provision used by 1.2 million taxpayers in 2014.

“Net operating losses allow businesses that lose money in one year and make money in another to smooth those ups and downs,” the Tax Foundation explained in a blog post Sunday.”

[MDC 7,484]

"The rules that would have enabled Trump to potentially carry his losses forward for 15 years are a feature, not a bug in current tax law, experts say. This is not a well-hidden loophole, but a provision used by 1.2 million taxpayers in 2014.

Net operating losses allow businesses that lose money in one year and make money in another to smooth those ups and downs, the Tax Foundation explained in a blog post Sunday.

Thank you captain obvious.

[crackattack 520]

I wonder how many start-up businesses would fail early without this provision?

[parrot 789]

Warren Buffett lost 2 billion a couple of years ago.

 

He did? Did he claim it on his tax return?

[IGotWorms 4,058]

I wonder how many start-up businesses would fail early without this provision?

Probably a lot.

 

But trump wasn't exactly operating a small business. Not with that "small loan" from his father.

 

Maybe a cap is in order? You should be able to claim some but not a billion dollars and not for twenty years. Although I think that latter part might've been changed already, just not retroactively

[IGotWorms 4,058]

Warren Buffett lost 2 billion a couple of years ago.

Apples and oranges sparky. Hypothetical losses based on diminished stock value (which has no doubt since rebounded) versus an actual billion dollars out the door, gone for good.

[IGotWorms 4,058]

 

He did? Did he claim it on his tax return?

Someone here knows what they're talking about and, as usual, it isn't RP.

[Sho Nuff 720]

"The rules that would have enabled Trump to potentially carry his losses forward for 15 years are a feature, not a bug in current tax law, experts say. This is not a well-hidden loophole, but a provision used by 1.2 million taxpayers in 2014.

Net operating losses allow businesses that lose money in one year and make money in another to smooth those ups and downs, the Tax Foundation explained in a blog post Sunday.

The issue will be where he leveraged his business losses so much to gain personally. That will not play well with middle class voters.

[Hardcore troubadour 15,493]

 

He did? Did he claim it on his tax return?

Hillary asked who loses a billion dollars. I just pointed out a guy who lost 2. I don't know if he claimed it, I assume his business did?

[Hardcore troubadour 15,493]

Someone here knows what they're talking about and, as usual, it isn't RP.

I never brought up taxes. I brought up gains and losses. Way to read.

[crackattack 520]

Probably a lot.

 

But trump wasn't exactly operating a small business. Not with that "small loan" from his father.

 

Maybe a cap is in order? You should be able to claim some but not a billion dollars and not for twenty years. Although I think that latter part might've been changed already, just not retroactively

I agree. My comment wasn't directed at Trump because he wasn't a startup. The Tax system is focked and needs redone top to bottom.

[IGotWorms 4,058]

I never brought up taxes. I brought up gains and losses. Way to read.

OK, so you were comparing apples and oranges in a desperate attempt to deflect. That's much better